Shih Chiang-KY Announces Company's Lending of Funds and Guarantees in Accordance with Article 22, Paragraph 1, Item 3 of the Regulations for Lending and Guaranteeing of Funds by Publicly Issuing Companies
Shih Chiang-KY announced the lending of approximately USD 34.2 million and USD 3.8 million in working capital to its wholly-owned subsidiaries, Elephant Step Co., Ltd. and Fongyuan International Co., Ltd., respectively, in accordance with regulations.
📋 Article Processing Timeline
- 📰 Published: May 11, 2026 at 09:00
- 🔍 Collected: May 12, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 12, 2026 at 21:36 (13h 35m after Collected)
1. Date of Fact Occurrence: 115/05/11
2. Recipient of Funds Lending:
(1) Company Name: Elephant Step Co., Ltd.
(2) Relationship with the Company Lending Funds: Both are Seychelles companies wholly owned directly and indirectly by the Company.
(3) Limit of Funds Lending (K NTD): 1,553,001
(4) Balance of Original Funds Lending (K NTD): 0
(5) Amount of New Funds Lending (K NTD): 1,082,088
(6) Whether authorized by the Board of Directors for phased or revolving use by the Chairman to the same borrower: Yes
(7) Balance of Funds Lending up to the Date of Fact Occurrence (K NTD): 1,082,088
(8) Reason for New Funds Lending: Operational turnover.
(1) Company Name: Fongyuan International Co., Ltd.
(2) Relationship with the Company Lending Funds: Both are Seychelles companies wholly owned directly and indirectly by the Company.
(3) Limit of Funds Lending (K NTD): 1,553,001
(4) Balance of Original Funds Lending (K NTD): 0
(5) Amount of New Funds Lending (K NTD): 120,232
(6) Whether authorized by the Board of Directors for phased or revolving use by the Chairman to the same borrower: Yes
(7) Balance of Funds Lending up to the Date of Fact Occurrence (K NTD): 120,232
(8) Reason for New Funds Lending: Operational turnover.
3. Collateral Provided by the Company Receiving Funds Lending:
(1) Content: None
(2) Value (K NTD): 0
4. Most Recent Financial Statement of the Company Receiving Funds Lending:
(1) Capital (K NTD): 3,789,523
(2) Accumulated Profit/Loss (K NTD): 1,178,471
5. Interest Calculation Method: As per contract.
6. Repayment:
(1) Conditions: As per contract.
(2) Date: As per contract.
7. Balance of Funds Lending up to the Date of Fact Occurrence (K NTD): 1,202,320
8. Ratio of Funds Lending Balance to Net Equity in the Most Recent Financial Statement of the Publicly Issuing Company: 7.74%
9. Source of Funds Lent by the Company: Parent company.
10. Other Matters to Note:
I. The companies and amounts for this funds lending are:
Elephant Step Co., Ltd. USD 34.2 million
Fongyuan International Co., Ltd. USD 3.8 million
II. Period-end Capital
Elephant Step Co., Ltd. NTD 2,595,429 thousand
Fongyuan International Co., Ltd. NTD 1,194,094 thousand
III. Period-end Accumulated Profit/Loss
Elephant Step Co., Ltd. NTD 934,117 thousand
Fongyuan International Co., Ltd. NTD 244,354 thousand
2. Recipient of Funds Lending:
(1) Company Name: Elephant Step Co., Ltd.
(2) Relationship with the Company Lending Funds: Both are Seychelles companies wholly owned directly and indirectly by the Company.
(3) Limit of Funds Lending (K NTD): 1,553,001
(4) Balance of Original Funds Lending (K NTD): 0
(5) Amount of New Funds Lending (K NTD): 1,082,088
(6) Whether authorized by the Board of Directors for phased or revolving use by the Chairman to the same borrower: Yes
(7) Balance of Funds Lending up to the Date of Fact Occurrence (K NTD): 1,082,088
(8) Reason for New Funds Lending: Operational turnover.
(1) Company Name: Fongyuan International Co., Ltd.
(2) Relationship with the Company Lending Funds: Both are Seychelles companies wholly owned directly and indirectly by the Company.
(3) Limit of Funds Lending (K NTD): 1,553,001
(4) Balance of Original Funds Lending (K NTD): 0
(5) Amount of New Funds Lending (K NTD): 120,232
(6) Whether authorized by the Board of Directors for phased or revolving use by the Chairman to the same borrower: Yes
(7) Balance of Funds Lending up to the Date of Fact Occurrence (K NTD): 120,232
(8) Reason for New Funds Lending: Operational turnover.
3. Collateral Provided by the Company Receiving Funds Lending:
(1) Content: None
(2) Value (K NTD): 0
4. Most Recent Financial Statement of the Company Receiving Funds Lending:
(1) Capital (K NTD): 3,789,523
(2) Accumulated Profit/Loss (K NTD): 1,178,471
5. Interest Calculation Method: As per contract.
6. Repayment:
(1) Conditions: As per contract.
(2) Date: As per contract.
7. Balance of Funds Lending up to the Date of Fact Occurrence (K NTD): 1,202,320
8. Ratio of Funds Lending Balance to Net Equity in the Most Recent Financial Statement of the Publicly Issuing Company: 7.74%
9. Source of Funds Lent by the Company: Parent company.
10. Other Matters to Note:
I. The companies and amounts for this funds lending are:
Elephant Step Co., Ltd. USD 34.2 million
Fongyuan International Co., Ltd. USD 3.8 million
II. Period-end Capital
Elephant Step Co., Ltd. NTD 2,595,429 thousand
Fongyuan International Co., Ltd. NTD 1,194,094 thousand
III. Period-end Accumulated Profit/Loss
Elephant Step Co., Ltd. NTD 934,117 thousand
Fongyuan International Co., Ltd. NTD 244,354 thousand